Jerome Powell is struggling to shed his label as the lowest-rated US Federal Reserve chairman in nearly a quarter century, as inflation persists and high prices irritate US consumers, according to a new Gallup poll. The survey shows 39% of US adults say they have a “great deal” or a “fair amount” of confidence that the Fed chairman would do the right thing for the economy, a slight increase from 36% a year ago when prices were rising more rapidly. The change is within the poll’s margin of error of 4 percentage points. Powell and his central bank colleagues were slow to react to soaring inflation, which in 2022 ... (full story)